Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis

According to a shareholdersletter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) charging a subsidiary firm of DCG,…

Crypto Lending Company Blockfi Cuts Staff by 20%

Los lunes, the cryptocurrency lending company Blockfi announced thatmarket conditionshave had anegative impacton the firms business and it will be laying offroughly 20%of its staff. The message written by Blockfi co-founders Zac Prince and Flori

Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols

The independent investment fund led by Kraken alumni thats focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 millón. Ahora, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anclaje,…

Paradigm Launches $2.5 Billion Venture Fund to Invest in Next Generation of Crypto Companies and Protocols

Investment firm Paradigm has launched a $2.5 billion venture fund to invest in the next generation of crypto companies and protocols. The firm believes that thenew fund and its size are reflective of crypto being the most exciting frontier in